Bitcoin has its fair share of backers and detractors, but it’s not every day one of the world’s richest people, in this case, Hong Kong billionaire Li Ka-shing, throws their weight behind the nascent technology.

Li, who’s 90 years old and known as Superman, has invested in the upcoming bitcoin and cryptocurrency platform Bakkt through his venture capital firm Horizon Ventures.

Bakkt announced it had raised $182.5 million in its series A funding round last week in a blog post, with Horizon Ventures fronting a portion of that.

The Bakkt bitcoin platform, which is being developed with New York Stock Exchange owner Intercontinental Exchange as well as partnerships with coffee shop chain Starbucks and PC giant Microsoft, plans to offer…

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https://dailybitcoinreport.com/wp-content/uploads/2018/10/shutterstock_703957714.jpg6671000adminhttps://dailybitcoinreport.com/wp-content/uploads/2017/09/bitcoin-300x59.pngadmin2019-01-09 19:34:162019-01-09 19:34:46One Of The World's Richest People Is Backing Bitcoin--Here's Why